Cardinal Minority Interest vs Cost Of Revenue Analysis

CAH Stock  USD 98.46  0.62  0.63%   
Cardinal Health financial indicator trend analysis is way more than just evaluating Cardinal Health prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cardinal Health is a good investment. Please check the relationship between Cardinal Health Minority Interest and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cardinal Health. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in Cardinal Stock please use our How to Invest in Cardinal Health guide.

Minority Interest vs Cost Of Revenue

Minority Interest vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cardinal Health Minority Interest account and Cost Of Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Cardinal Health's Minority Interest and Cost Of Revenue is -0.73. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Cardinal Health, assuming nothing else is changed. The correlation between historical values of Cardinal Health's Minority Interest and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Cardinal Health are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Minority Interest i.e., Cardinal Health's Minority Interest and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.73
Relationship DirectionNegative 
Relationship StrengthWeak

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Cardinal Health whose combined shares represent less than 50% of the total outstanding shares issued by Cardinal Health have a minority interest in Cardinal Health.

Cost Of Revenue

Cost of Revenue is found on Cardinal Health income statement and represents the costs associated with goods and services Cardinal Health provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Cardinal Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cardinal Health current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cardinal Health. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in Cardinal Stock please use our How to Invest in Cardinal Health guide.As of now, Cardinal Health's Enterprise Value Multiple is decreasing as compared to previous years.
 2021 2023 2024 (projected)
Interest Expense149M107.0M190.1M
Depreciation And Amortization692M795.8M835.6M

Cardinal Health fundamental ratios Correlations

0.57-0.130.95-0.350.840.3-0.230.670.68-0.090.670.950.530.930.980.86-0.730.970.750.970.590.650.940.680.47
0.570.210.310.370.680.760.40.470.870.050.470.330.470.550.40.510.00.40.00.420.50.760.30.430.5
-0.130.21-0.30.59-0.010.020.550.140.18-0.340.14-0.220.43-0.2-0.22-0.410.31-0.27-0.37-0.2-0.33-0.06-0.30.330.45
0.950.31-0.3-0.590.730.06-0.470.630.45-0.130.630.990.370.880.990.8-0.870.990.920.980.550.481.00.570.32
-0.350.370.59-0.59-0.150.460.96-0.20.240.25-0.2-0.530.43-0.48-0.51-0.320.7-0.57-0.79-0.49-0.080.09-0.610.180.35
0.840.68-0.010.73-0.150.43-0.080.420.86-0.10.420.740.520.790.790.73-0.550.770.510.760.420.670.730.680.7
0.30.760.020.060.460.430.47-0.130.770.25-0.130.060.270.30.150.330.240.14-0.220.10.210.880.070.160.19
-0.230.40.55-0.470.96-0.080.47-0.130.280.31-0.13-0.40.49-0.42-0.4-0.260.52-0.46-0.67-0.370.00.16-0.490.280.41
0.670.470.140.63-0.20.42-0.13-0.130.25-0.191.00.660.420.610.630.5-0.480.640.540.730.630.120.610.490.34
0.680.870.180.450.240.860.770.280.250.020.250.450.530.660.540.61-0.190.530.110.50.310.860.440.570.64
-0.090.05-0.34-0.130.25-0.10.250.31-0.190.02-0.19-0.120.14-0.16-0.130.030.11-0.14-0.27-0.130.040.06-0.140.060.02
0.670.470.140.63-0.20.42-0.13-0.131.00.25-0.190.660.420.610.630.5-0.480.640.540.730.630.120.610.490.34
0.950.33-0.220.99-0.530.740.06-0.40.660.45-0.120.660.460.860.990.77-0.850.970.90.990.540.450.990.650.39
0.530.470.430.370.430.520.270.490.420.530.140.420.460.290.440.38-0.20.350.130.470.360.310.340.950.84
0.930.55-0.20.88-0.480.790.3-0.420.610.66-0.160.610.860.290.920.84-0.650.950.70.90.470.660.890.450.29
0.980.4-0.220.99-0.510.790.15-0.40.630.54-0.130.630.990.440.920.83-0.830.990.860.990.540.550.990.630.39
0.860.51-0.410.8-0.320.730.33-0.260.50.610.030.50.770.380.840.83-0.550.830.570.830.680.590.790.490.33
-0.730.00.31-0.870.7-0.550.240.52-0.48-0.190.11-0.48-0.85-0.2-0.65-0.83-0.55-0.82-0.89-0.81-0.3-0.19-0.88-0.46-0.26
0.970.4-0.270.99-0.570.770.14-0.460.640.53-0.140.640.970.350.950.990.83-0.820.870.980.540.550.990.550.32
0.750.0-0.370.92-0.790.51-0.22-0.670.540.11-0.270.540.90.130.70.860.57-0.890.870.860.430.210.920.360.1
0.970.42-0.20.98-0.490.760.1-0.370.730.5-0.130.730.990.470.90.990.83-0.810.980.860.60.480.980.640.4
0.590.5-0.330.55-0.080.420.210.00.630.310.040.630.540.360.470.540.68-0.30.540.430.60.330.520.360.23
0.650.76-0.060.480.090.670.880.160.120.860.060.120.450.310.660.550.59-0.190.550.210.480.330.490.320.25
0.940.3-0.31.0-0.610.730.07-0.490.610.44-0.140.610.990.340.890.990.79-0.880.990.920.980.520.490.550.3
0.680.430.330.570.180.680.160.280.490.570.060.490.650.950.450.630.49-0.460.550.360.640.360.320.550.9
0.470.50.450.320.350.70.190.410.340.640.020.340.390.840.290.390.33-0.260.320.10.40.230.250.30.9
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Cardinal Health Account Relationship Matchups

Cardinal Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets40.8B44.5B43.9B43.4B49.9B52.4B
Short Long Term Debt Total6.8B6.2B5.3B4.7B5.4B3.2B
Other Current Liab2.2B96M2.8B42M48.3M45.9M
Total Current Liabilities23.6B27.6B30.6B33.7B38.8B40.7B
Total Stockholder Equity1.8B1.8B(706M)(2.9B)(3.3B)(3.1B)
Property Plant And Equipment Net2.4B2.4B2.4B2.5B2.8B1.4B
Net Debt4.0B2.8B598M658M756.7M1.4B
Retained Earnings1.2B1.2B(280M)(534M)(614.1M)(583.4M)
Cash2.8B3.4B4.7B4.0B4.6B4.9B
Non Current Assets Total14.8B13.4B10.9B9.6B11.0B6.4B
Non Currrent Assets Other1.2B951M(8.4B)1.0B936.9M983.7M
Cash And Short Term Investments2.8B3.4B4.7B4.0B4.6B4.9B
Net Receivables8.3B9.1B10.6B11.3B13.0B13.7B
Common Stock Shares Outstanding293M294M279M262M301.3M314.6M
Liabilities And Stockholders Equity40.8B44.5B43.9B43.4B49.9B52.4B
Non Current Liabilities Total15.4B15.0B14.0B12.6B14.4B15.2B
Inventory13.2B14.6B15.6B15.9B18.3B19.2B
Other Current Assets1.7B3.9B2.0B2.4B2.7B2.9B
Other Stockholder Equity(2.1B)(2.2B)(3.1B)(4.9B)(4.4B)(4.2B)
Total Liab39.0B42.7B44.6B46.3B53.2B55.9B
Property Plant And Equipment Gross2.4B2.4B5.9B6.3B7.3B7.6B
Total Current Assets25.9B31.0B32.9B33.8B38.9B40.9B
Accumulated Other Comprehensive Income(104M)(34M)(114M)(151M)(135.9M)(129.1M)
Short Term Debt10M871M580M792M910.8M956.3M
Intangible Assets2.9B2.1B1.8B1.5B1.7B2.2B
Accounts Payable21.4B23.7B27.1B29.8B34.3B36.0B
Common Stock Total Equity2.8B2.8B2.8B2.7B3.2B2.9B
Common Stock2.8B2.8B2.8B2.7B3.2B2.0B
Other Liab8.2B9.7B9.3B8.3B9.5B10.0B
Other Assets732M951M953M606M696.9M618.0M
Long Term Debt6.7B5.4B4.7B3.9B4.5B4.4B
Treasury Stock(2.1B)(2.2B)(3.1B)(4.9B)(4.4B)(4.2B)
Property Plant Equipment2.8B2.4B2.4B2.5B2.8B2.2B
Good Will8.4B8.0B5.9B4.6B5.3B5.7B
Net Tangible Assets(9.5B)(8.3B)(8.3B)(8.9B)(8.0B)(7.6B)
Retained Earnings Total Equity1.2B1.2B(280M)(534M)(480.6M)(456.6M)
Long Term Debt Total6.8B5.4B4.7B3.9B4.5B5.6B

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When determining whether Cardinal Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cardinal Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cardinal Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cardinal Health Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cardinal Health. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in Cardinal Stock please use our How to Invest in Cardinal Health guide.
Note that the Cardinal Health information on this page should be used as a complementary analysis to other Cardinal Health's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running Cardinal Health's price analysis, check to measure Cardinal Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cardinal Health is operating at the current time. Most of Cardinal Health's value examination focuses on studying past and present price action to predict the probability of Cardinal Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cardinal Health's price. Additionally, you may evaluate how the addition of Cardinal Health to your portfolios can decrease your overall portfolio volatility.
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Is Cardinal Health's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cardinal Health. If investors know Cardinal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cardinal Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.22)
Dividend Share
2.002
Earnings Share
2.26
Revenue Per Share
891.2
Quarterly Revenue Growth
0.088
The market value of Cardinal Health is measured differently than its book value, which is the value of Cardinal that is recorded on the company's balance sheet. Investors also form their own opinion of Cardinal Health's value that differs from its market value or its book value, called intrinsic value, which is Cardinal Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cardinal Health's market value can be influenced by many factors that don't directly affect Cardinal Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cardinal Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cardinal Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cardinal Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.